EPIC RESEARCH NCDEX UPDATE OF REFINED SOYA OIL 20 October 2016

Ref.Soya oil trading range for the day is 659-679. Ref soyoil prices ended with gains amid strong demand in export market. Moreover, forecast of dry weather in Rajasthan, MP and Maharashtra may hasten the harvesting of soybean. Oilmeal exports for September fell 35 per cent to 90,907 tonnes from 1,39,649 tonnes in the corresponding period last year. At the Indore spot market in Madhya Pradesh, soyoil was steady at 656.25 rupees per 10 kgs. To get reliable and quality NCDEX Tips ✆ – 0731-6642300